beibeiliu personal page - To The Moon

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beibeiliu

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12-15

google for android phone, tencent wechat cannot live without.

2023-06-15

Agreed. Definitely driven by fear of missing out due to sharp rise in certain AI stocks.

Stock Market Melt-Ups End When Everyone Believes In Them - We Are There Now

2023-06-08

Hope for $10 or $12 to buy

Did Palantir Stock Just Run Out of Momentum?

2023-04-07

Good

Sorry, the original content has been removed

2023-04-04

Ok

Bill Gates Says Calls to Pause AI Won't Solve Challenges

2023-03-24

Totally rubbish claim

Block Shares Slid Another 4% After Plunging 14.8% Thursday

2022-10-30

Definitely 75, then maybe start to ease off a little to 0.50. This is the worst Fed ever. Started to late , too little then had to overcompensate and drag everyone down. For their mistakes

2022-07-14

Good article 👍

Why Is Oil Priced The Way That It Is?

2022-07-01

Proshares Bloomberg gas

2022-03-23

8w12$JD-SW(09618)$p@三金Alatazz,gR,,plz v&) l v n, dcx,bwslelLXkh'e

Go to Tiger App to see more news

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for android phone, tencent wechat cannot live without.&nbsp;","listText":"google for android phone, tencent wechat cannot live without.&nbsp;","text":"google for android phone, tencent wechat cannot live without.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382069757534544","isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187508809678880,"gmtCreate":1686806324342,"gmtModify":1686806328119,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Agreed. Definitely driven by fear of missing out due to sharp rise in certain AI stocks.&nbsp;","listText":"Agreed. Definitely driven by fear of missing out due to sharp rise in certain AI stocks.&nbsp;","text":"Agreed. Definitely driven by fear of missing out due to sharp rise in certain AI stocks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187508809678880","repostId":"2343993509","repostType":2,"repost":{"id":"2343993509","kind":"highlight","pubTimestamp":1686787221,"share":"https://ttm.financial/m/news/2343993509?lang=&edition=fundamental","pubTime":"2023-06-15 08:00","market":"us","language":"en","title":"Stock Market Melt-Ups End When Everyone Believes In Them - We Are There Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2343993509","media":"seekingalpha","summary":"Henrik Sorensen  All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer, Philosopher.   Instagram  A melt-up is a sudden and often unexpected surge in investment performance, driven more by a herd mentality of investors who don't want to miss out on the rising market rather than actual, fundamental improvements in the economy. I have been consistent all year in arguing that because we are in a pre-election year, this likely would be a strong stock market despite all the negative narrative to start the year, but that at the same time, a credit event is looming. Are we in a melt-up?","content":"<html><head></head><body><blockquote><em>All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer, Philosopher.</em></blockquote><p>A melt-up is a sudden and often unexpected surge in investment performance, driven more by a herd mentality of investors who don&#39;t want to miss out on the rising market rather than actual, fundamental improvements in the economy. I have been consistent all year in arguing that because we are in a pre-election year, this likely would be a strong stock market despite all the negative narrative to start the year, but that at the same time, a credit event is looming.</p><p>Are we in a melt-up? Selectively yes. The S&amp;P 500 (SP500) and NASDAQ (COMP.IND) clearly have been on fire, but beneath the surface breadth is broadly still terrible. Yet the narrative remains.</p><p>One of the necessary conditions for a melt-up to continue is doubt. That is no longer anywhere to be found.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/417b3c2014528dd2a6c8a71de0a5b3f9\" tg-width=\"554\" tg-height=\"485\"/></p><p>Twitter</p><h2>Understanding Melt-Ups: The Role of Investor Sentiment</h2><p>Stock market melt-ups can be attributed to investor sentiment, with investors flocking to buy stocks because they notice the market rising and don&#39;t want to miss out on the opportunity. This investor optimism encourages more investors to buy stocks in prominent companies with strong earnings points. However, the perceived rise in the stock market is caused by fear of missing out.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e069b867c08fa73d2574af47197f205\" tg-width=\"541\" tg-height=\"276\"/></p><p>Twitter</p><h2>The Unreliability of Melt-Up Gains</h2><p>Melt-ups are often followed by financial meltdowns, with the sudden rise in stock prices being unsustainable in the long run. This poses a risk to investors, as melt-ups are not driven by actual fundamental improvements in the economy and can lead to significant losses if the market experiences a subsequent crash or correction.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/692150d9d7c2900b87173a80cd92119c\" tg-width=\"539\" tg-height=\"379\"/></p><p>Twitter</p><h2>The Dangers of Overconfidence: A Commonality Between Major Tops and Bottoms</h2><p>Overconfidence is a psychological trait that can lead investors to make irrational decisions when investing in the stock market. This overconfidence can be particularly dangerous during a melt-up, as investors may be more likely to buy stocks based on the market&#39;s momentum rather than its actual value. When the market eventually experiences a correction or crash, overconfident investors may suffer significant losses. This overconfidence is a commonality between every major top and bottom for stocks, as it can lead investors to make decisions based on emotions rather than sound financial analysis.</p><p>Sentiment suggests we are in the overconfidence phase.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f599f6bbd0deaa8082b3facac966a65b\" tg-width=\"1024\" tg-height=\"610\"/></p><p>CNN</p><h2>Seasonal Trends and Sector Performance</h2><p>Another way to navigate the stock market during a melt-up is to consider seasonal trends and sector performance. Certain sectors may perform better during specific periods, and this information can be used to guide investment decisions. For example, the Consumer Discretionary sector tends to turn in October, while the Materials sector typically bottoms in November and then rallies into the year-end. By monitoring these trends and focusing on strong sector performance, investors can better position themselves in the market.</p><h2>The Importance of Risk Management</h2><p>During a melt-up, it&#39;s crucial for investors to prioritize risk management. This involves setting stop-loss orders, diversifying portfolios, and adopting a long-term investment strategy. By focusing on managing risk, investors can protect themselves from the potential dangers of a melt-up and subsequent market correction.</p><h2>Conclusion: Be Careful</h2><p>This is a dangerous juncture in my view for traders getting swept in the AI narrative of the moment because of the huge gains by stocks like Advanced Micro Devices, Inc. (AMD) and Nvidia Corporation (NVDA). I see extreme bullish sentiment and a degree of arrogance now by the bulls, just like I saw in October of last year.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/04f006951407f34fad6a1016c2074057\" tg-width=\"1002\" tg-height=\"324\"/></p><p>Twitter</p><p>While stock market melt-ups can present opportunities for short-term gains, investors should be cautious and prioritize a fundamental approach to investing. By focusing on economic indicators, seasonal trends, sector performance, and risk management, investors can navigate the stock market during a melt-up and protect themselves from potential losses.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Market Melt-Ups End When Everyone Believes In Them - We Are There Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Market Melt-Ups End When Everyone Believes In Them - We Are There Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-15 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4611532-stock-market-melt-ups-end-when-everyone-believes-in-them-we-are-there-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer, Philosopher.A melt-up is a sudden ...</p>\n\n<a href=\"https://seekingalpha.com/article/4611532-stock-market-melt-ups-end-when-everyone-believes-in-them-we-are-there-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4611532-stock-market-melt-ups-end-when-everyone-believes-in-them-we-are-there-now","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2343993509","content_text":"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer, Philosopher.A melt-up is a sudden and often unexpected surge in investment performance, driven more by a herd mentality of investors who don't want to miss out on the rising market rather than actual, fundamental improvements in the economy. I have been consistent all year in arguing that because we are in a pre-election year, this likely would be a strong stock market despite all the negative narrative to start the year, but that at the same time, a credit event is looming.Are we in a melt-up? Selectively yes. The S&P 500 (SP500) and NASDAQ (COMP.IND) clearly have been on fire, but beneath the surface breadth is broadly still terrible. Yet the narrative remains.One of the necessary conditions for a melt-up to continue is doubt. That is no longer anywhere to be found.TwitterUnderstanding Melt-Ups: The Role of Investor SentimentStock market melt-ups can be attributed to investor sentiment, with investors flocking to buy stocks because they notice the market rising and don't want to miss out on the opportunity. This investor optimism encourages more investors to buy stocks in prominent companies with strong earnings points. However, the perceived rise in the stock market is caused by fear of missing out.TwitterThe Unreliability of Melt-Up GainsMelt-ups are often followed by financial meltdowns, with the sudden rise in stock prices being unsustainable in the long run. This poses a risk to investors, as melt-ups are not driven by actual fundamental improvements in the economy and can lead to significant losses if the market experiences a subsequent crash or correction.TwitterThe Dangers of Overconfidence: A Commonality Between Major Tops and BottomsOverconfidence is a psychological trait that can lead investors to make irrational decisions when investing in the stock market. This overconfidence can be particularly dangerous during a melt-up, as investors may be more likely to buy stocks based on the market's momentum rather than its actual value. When the market eventually experiences a correction or crash, overconfident investors may suffer significant losses. This overconfidence is a commonality between every major top and bottom for stocks, as it can lead investors to make decisions based on emotions rather than sound financial analysis.Sentiment suggests we are in the overconfidence phase.CNNSeasonal Trends and Sector PerformanceAnother way to navigate the stock market during a melt-up is to consider seasonal trends and sector performance. Certain sectors may perform better during specific periods, and this information can be used to guide investment decisions. For example, the Consumer Discretionary sector tends to turn in October, while the Materials sector typically bottoms in November and then rallies into the year-end. By monitoring these trends and focusing on strong sector performance, investors can better position themselves in the market.The Importance of Risk ManagementDuring a melt-up, it's crucial for investors to prioritize risk management. This involves setting stop-loss orders, diversifying portfolios, and adopting a long-term investment strategy. By focusing on managing risk, investors can protect themselves from the potential dangers of a melt-up and subsequent market correction.Conclusion: Be CarefulThis is a dangerous juncture in my view for traders getting swept in the AI narrative of the moment because of the huge gains by stocks like Advanced Micro Devices, Inc. (AMD) and Nvidia Corporation (NVDA). I see extreme bullish sentiment and a degree of arrogance now by the bulls, just like I saw in October of last year.TwitterWhile stock market melt-ups can present opportunities for short-term gains, investors should be cautious and prioritize a fundamental approach to investing. By focusing on economic indicators, seasonal trends, sector performance, and risk management, investors can navigate the stock market during a melt-up and protect themselves from potential losses.","news_type":1},"isVote":1,"tweetType":1,"viewCount":726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185047477407840,"gmtCreate":1686216882915,"gmtModify":1686216886579,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Hope for $10 or $12&nbsp; to buy","listText":"Hope for $10 or $12&nbsp; to buy","text":"Hope for $10 or $12 to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185047477407840","repostId":"1194921546","repostType":2,"repost":{"id":"1194921546","kind":"news","pubTimestamp":1686211800,"share":"https://ttm.financial/m/news/1194921546?lang=&edition=fundamental","pubTime":"2023-06-08 16:10","market":"us","language":"en","title":"Did Palantir Stock Just Run Out of Momentum?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194921546","media":"The Street","summary":"Palantir stock was up 11% on Wednesday, then gave up all of its gains. Here's where support may be.P","content":"<html><head></head><body><p>Palantir stock was up 11% on Wednesday, then gave up all of its gains. Here&#39;s where support may be.</p><p>Palantir stock has been on fire over the past month: From the May 4 low to this week’s high, the shares more than doubled (up 135%).</p><p style=\"text-align: start;\">A chunk of those gains stemmed from the data-integration company’s May 8 earnings report, released just a few days after the shares had bottomed.</p><p style=\"text-align: start;\">The top- and bottom-line beat of analyst estimates and the better-than-expected guidance ignited a rally, sending Palantir stock more than 23% higher in a single session.</p><p style=\"text-align: start;\">But over and above Palantir&#39;s earnings results, the surge in AI stocks has also played a role in the stock&#39;s surge.</p><p>Nvidia, C3.ai, Advanced Micro Devices  (AMD) and others have enjoyed a surge that has carried other stocks higher — like Palantir — as they too have exposure to artificial intelligence.</p><p>With Palantir shares rallying 11% at one point on Wednesday but closed lower almost<em> </em>5%, one must ask if the stock has run out of steam.</p><h2 style=\"text-align: start;\">Has Palantir Stock Run Out of Bullish Momentum?</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d43b7c3470c852597d4d66bafa390b26\" alt=\"Daily chart of Palantir stock.\" title=\"Daily chart of Palantir stock.\" tg-width=\"1200\" tg-height=\"872\"/><span>Daily chart of Palantir stock.</span></p><p>Wednesday’s action should give bulls some pause as it suggests that Palantir stock needs a rest. </p><p style=\"text-align: start;\"><em>Real Money&#39;s</em> Bruce Kamich impressively called for profit taking earlier this week and that timing was quite good. </p><p>The move today in technical-speak is known as a reversal. Palantir stock initially traded higher on the day — quite a bit higher — before reversing back down and breaking below the prior day’s high. Once it lost the $15.70 to $15.50 area and turned red on the day, that put the sellers in control.</p><p style=\"text-align: start;\">The most pessimistic of the bears would argue that the stock has topped. But the control for the past month has been in favor of the bulls.</p><p style=\"text-align: start;\">Specifically, if buyers can remain in control, they will likely try to defend the rising 10-day moving average. That measure is currently near $14.20 but is rising quickly.</p><p style=\"text-align: start;\">If that area falters, then the 21-day moving average and daily VWAP measures are likely the next areas of focus for the bulls. Notably, those measures come into play near the 50% retracement.</p><p>However, they are also rising quickly, so if a pullback takes a little time, they may rise somewhere closer to the 38.2% retracement (which is at $13.39).</p><p style=\"text-align: start;\">No one knows if Palantir stock just put in some type of notable top. We’ll know that in a few months. Given the run we’ve seen, though, we for now should view Palantir stock as a buy-the-dip opportunity. </p></body></html>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Did Palantir Stock Just Run Out of Momentum?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDid Palantir Stock Just Run Out of Momentum?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-08 16:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/stocks/trading-palantir-pltr-stock-just-run-out-of-momentum-reversal-technical-analysis><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir stock was up 11% on Wednesday, then gave up all of its gains. Here's where support may be.Palantir stock has been on fire over the past month: From the May 4 low to this week’s high, the ...</p>\n\n<a href=\"https://www.thestreet.com/investing/stocks/trading-palantir-pltr-stock-just-run-out-of-momentum-reversal-technical-analysis\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.thestreet.com/investing/stocks/trading-palantir-pltr-stock-just-run-out-of-momentum-reversal-technical-analysis","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194921546","content_text":"Palantir stock was up 11% on Wednesday, then gave up all of its gains. Here's where support may be.Palantir stock has been on fire over the past month: From the May 4 low to this week’s high, the shares more than doubled (up 135%).A chunk of those gains stemmed from the data-integration company’s May 8 earnings report, released just a few days after the shares had bottomed.The top- and bottom-line beat of analyst estimates and the better-than-expected guidance ignited a rally, sending Palantir stock more than 23% higher in a single session.But over and above Palantir's earnings results, the surge in AI stocks has also played a role in the stock's surge.Nvidia, C3.ai, Advanced Micro Devices  (AMD) and others have enjoyed a surge that has carried other stocks higher — like Palantir — as they too have exposure to artificial intelligence.With Palantir shares rallying 11% at one point on Wednesday but closed lower almost 5%, one must ask if the stock has run out of steam.Has Palantir Stock Run Out of Bullish Momentum?Daily chart of Palantir stock.Wednesday’s action should give bulls some pause as it suggests that Palantir stock needs a rest. Real Money's Bruce Kamich impressively called for profit taking earlier this week and that timing was quite good. The move today in technical-speak is known as a reversal. Palantir stock initially traded higher on the day — quite a bit higher — before reversing back down and breaking below the prior day’s high. Once it lost the $15.70 to $15.50 area and turned red on the day, that put the sellers in control.The most pessimistic of the bears would argue that the stock has topped. But the control for the past month has been in favor of the bulls.Specifically, if buyers can remain in control, they will likely try to defend the rising 10-day moving average. That measure is currently near $14.20 but is rising quickly.If that area falters, then the 21-day moving average and daily VWAP measures are likely the next areas of focus for the bulls. Notably, those measures come into play near the 50% retracement.However, they are also rising quickly, so if a pullback takes a little time, they may rise somewhere closer to the 38.2% retracement (which is at $13.39).No one knows if Palantir stock just put in some type of notable top. We’ll know that in a few months. Given the run we’ve seen, though, we for now should view Palantir stock as a buy-the-dip opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946946904,"gmtCreate":1680845588209,"gmtModify":1680845591184,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946946904","repostId":"1160926525","repostType":2,"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948024313,"gmtCreate":1680611298132,"gmtModify":1680611300017,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948024313","repostId":"2324706868","repostType":2,"repost":{"id":"2324706868","kind":"highlight","pubTimestamp":1680607252,"share":"https://ttm.financial/m/news/2324706868?lang=&edition=fundamental","pubTime":"2023-04-04 19:20","market":"us","language":"en","title":"Bill Gates Says Calls to Pause AI Won't Solve Challenges","url":"https://stock-news.laohu8.com/highlight/detail?id=2324706868","media":"Reuters","summary":"Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Mic","content":"<html><head></head><body><p>Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology.</p><p>The technologist-turned-philanthropist said it would be better to focus on how best to use the developments in AI, as it was hard to understand how a pause could work globally.</p><p>His interview with Reuters comes after an open letter -- published last week and co-signed by Elon Musk and more than 1,000 AI experts – demanded an urgent pause in the development of systems &#34;more powerful&#34; than Microsoft-backed OpenAI&#39;s new GPT-4, which can hold human-like conversation, compose songs and summarise lengthy documents.</p><p>The experts, including Apple co-founder Steve Wozniak, said in the letter the potential risks and benefits to society need to be assessed.</p><p>“I don’t think asking one particular group to pause solves the challenges,” Gates said on Monday.</p><p>“Clearly there’s huge benefits to these things… what we need to do is identify the tricky areas.”</p><p>Microsoft has sought to outpace peers through multi-billion-dollar investments in ChatGPT owner OpenAI.</p><p>While currently focused full-time on the philanthropic Bill and Melinda Gates Foundation, Gates has been a bullish supporter of AI and described it as revolutionary as the Internet or mobile phones.</p><p>In a blog titled &#34;The Age of AI has begun&#34; which was published and dated March 21, a day before the open letter, he said he believes AI should be used to help reduce some of the world’s worst inequities.</p><p>He also said in the interview the details of any pause would be complicated to enforce.</p><p>“I don’t really understand who they’re saying could stop, and would every country in the world agree to stop, and why to stop,” he said. “But there are a lot of different opinions in this area.”</p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bill Gates Says Calls to Pause AI Won't Solve Challenges</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBill Gates Says Calls to Pause AI Won't Solve Challenges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-04 19:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bill-gates-says-calls-pause-103513871.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bill-gates-says-calls-pause-103513871.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://finance.yahoo.com/news/bill-gates-says-calls-pause-103513871.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324706868","content_text":"Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology.The technologist-turned-philanthropist said it would be better to focus on how best to use the developments in AI, as it was hard to understand how a pause could work globally.His interview with Reuters comes after an open letter -- published last week and co-signed by Elon Musk and more than 1,000 AI experts – demanded an urgent pause in the development of systems \"more powerful\" than Microsoft-backed OpenAI's new GPT-4, which can hold human-like conversation, compose songs and summarise lengthy documents.The experts, including Apple co-founder Steve Wozniak, said in the letter the potential risks and benefits to society need to be assessed.“I don’t think asking one particular group to pause solves the challenges,” Gates said on Monday.“Clearly there’s huge benefits to these things… what we need to do is identify the tricky areas.”Microsoft has sought to outpace peers through multi-billion-dollar investments in ChatGPT owner OpenAI.While currently focused full-time on the philanthropic Bill and Melinda Gates Foundation, Gates has been a bullish supporter of AI and described it as revolutionary as the Internet or mobile phones.In a blog titled \"The Age of AI has begun\" which was published and dated March 21, a day before the open letter, he said he believes AI should be used to help reduce some of the world’s worst inequities.He also said in the interview the details of any pause would be complicated to enforce.“I don’t really understand who they’re saying could stop, and would every country in the world agree to stop, and why to stop,” he said. “But there are a lot of different opinions in this area.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943426320,"gmtCreate":1679646191760,"gmtModify":1679646196505,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Totally rubbish claim","listText":"Totally rubbish claim","text":"Totally rubbish claim","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943426320","repostId":"1109688607","repostType":2,"repost":{"id":"1109688607","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1679645666,"share":"https://ttm.financial/m/news/1109688607?lang=&edition=fundamental","pubTime":"2023-03-24 16:14","market":"us","language":"en","title":"Block Shares Slid Another 4% After Plunging 14.8% Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1109688607","media":"Tiger Newspress","summary":"Block shares slid another 4% in premarket trading Friday after plunging 14.8% Thursday.Hindenburg Re","content":"<html><head></head><body><p>Block shares slid another 4% in premarket trading Friday after plunging 14.8% Thursday.</p><p><img src=\"https://static.tigerbbs.com/994a0de30f93a3e4d8e06a8e726c192f\" tg-width=\"824\" tg-height=\"621\" width=\"100%\" height=\"auto\"/></p><p>Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led payments firm overstated its user counts and understated its customer acquisition costs.</p><p>&#34;Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping,&#34; the short seller said in a note published on its website.</p><p>The U.S. short-seller, behind a market rout of over $100 billion in India&#39;s Adani Group, said in its latest report that former Block employees estimated that 40%-75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.</p><p>Reuters could not verify the claims raised by Hindenburg against Block.</p><p>About 5.2% of Block&#39;s free float shares were in short position as of March 22, according to Ortex data.</p><p>Founded in 2017 by Nathan Anderson, Hindenburg Research is a forensic financial research firm that analyses equity, credit and derivatives. It has a track-record of finding corporate wrongdoings and placing bets against the companies.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Block Shares Slid Another 4% After Plunging 14.8% Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlock Shares Slid Another 4% After Plunging 14.8% Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-24 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Block shares slid another 4% in premarket trading Friday after plunging 14.8% Thursday.</p><p><img src=\"https://static.tigerbbs.com/994a0de30f93a3e4d8e06a8e726c192f\" tg-width=\"824\" tg-height=\"621\" width=\"100%\" height=\"auto\"/></p><p>Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led payments firm overstated its user counts and understated its customer acquisition costs.</p><p>&#34;Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping,&#34; the short seller said in a note published on its website.</p><p>The U.S. short-seller, behind a market rout of over $100 billion in India&#39;s Adani Group, said in its latest report that former Block employees estimated that 40%-75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.</p><p>Reuters could not verify the claims raised by Hindenburg against Block.</p><p>About 5.2% of Block&#39;s free float shares were in short position as of March 22, according to Ortex data.</p><p>Founded in 2017 by Nathan Anderson, Hindenburg Research is a forensic financial research firm that analyses equity, credit and derivatives. It has a track-record of finding corporate wrongdoings and placing bets against the companies.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109688607","content_text":"Block shares slid another 4% in premarket trading Friday after plunging 14.8% Thursday.Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led payments firm overstated its user counts and understated its customer acquisition costs.\"Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping,\" the short seller said in a note published on its website.The U.S. short-seller, behind a market rout of over $100 billion in India's Adani Group, said in its latest report that former Block employees estimated that 40%-75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.Reuters could not verify the claims raised by Hindenburg against Block.About 5.2% of Block's free float shares were in short position as of March 22, according to Ortex data.Founded in 2017 by Nathan Anderson, Hindenburg Research is a forensic financial research firm that analyses equity, credit and derivatives. It has a track-record of finding corporate wrongdoings and placing bets against the companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982833439,"gmtCreate":1667141500822,"gmtModify":1676537866215,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Definitely 75, then maybe start to ease off a little to 0.50. This is the worst Fed ever. Started to late , too little then had to overcompensate and drag everyone down. For their mistakes&nbsp;","listText":"Definitely 75, then maybe start to ease off a little to 0.50. This is the worst Fed ever. Started to late , too little then had to overcompensate and drag everyone down. For their mistakes&nbsp;","text":"Definitely 75, then maybe start to ease off a little to 0.50. This is the worst Fed ever. Started to late , too little then had to overcompensate and drag everyone down. For their mistakes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9982833439","isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000164","authorId":"9000000000000164","name":"HarryCox","avatar":"https://static.tigerbbs.com/68b6583f2225af9e47d6576367702edb","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000164","authorIdStr":"9000000000000164"},"content":"75 is not news anymore. Maybe they will try 50 this time?","text":"75 is not news anymore. Maybe they will try 50 this time?","html":"75 is not news anymore. Maybe they will try 50 this time?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076970915,"gmtCreate":1657780112837,"gmtModify":1676536061163,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Good article 👍&nbsp;","listText":"Good article 👍&nbsp;","text":"Good article 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076970915","repostId":"1139470610","repostType":2,"repost":{"id":"1139470610","kind":"news","pubTimestamp":1657778302,"share":"https://ttm.financial/m/news/1139470610?lang=&edition=fundamental","pubTime":"2022-07-14 13:58","market":"fut","language":"en","title":"Why Is Oil Priced The Way That It Is?","url":"https://stock-news.laohu8.com/highlight/detail?id=1139470610","media":"oilprice","summary":"General misunderstandings of how the oil market works are running rampant.Oil isn’t priced the way that it is because of greedy corporations, but because of something much simpler; supply and demand.The people outraged at oil companies todayy didn’t care about 2020 bankruptcies, yet those bankruptcies from 2020 helped set the stage for supply shortages today.People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misund","content":"<html><head></head><body><ul><li>General misunderstandings of how the oil market works are running rampant.</li><li>Oil isn’t priced the way that it is because of greedy corporations, but because of something much simpler; supply and demand.</li><li>The people outraged at oil companies todayy didn’t care about 2020 bankruptcies, yet those bankruptcies from 2020 helped set the stage for supply shortages today.</li></ul><p><img src=\"https://static.tigerbbs.com/c264e3c668cd60e38e6434b10b8962b8\" tg-width=\"718\" tg-height=\"300\" width=\"100%\" height=\"auto\"/></p><p>People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misunderstanding of how oil and gas are priced.Further, I find that a lot of people think the fact that gasoline prices are at record highs along with oil company profits means oil companies are definitely gouging consumers. “Explain this!”, they will say, while showing me some link about Chevron’s profits (as if this revelation will finally make me see the light).</p><p>So I thought of a story to help readers understand.</p><p>I like to use analogies to break down complex topics into simple and relatable problems. Obviously an analogy isn’t perfect, but its purpose is merely to increase understanding.</p><p>I shared the following story on Facebook last month, and it resonated with people. Some suggested that it should be an article, so here it is.</p><p><b>The Chicken Farmer</b></p><p>Imagine that you raise chickens. You have a large operation, so you don’t sell your individual chickens to your neighbors. You take them to a market where they are auctioned off each week.</p><p>Sometimes the demand for chicken is strong. Maybe there is a season when people tend to eat more chicken. The price people are willing to pay — because everyone wants a chicken — goes up and you make more money.</p><p>Sometimes supplies are short. Perhaps your fellow chicken farmers had some bad luck with bird flu and they have fewer chickens for sale. If supplies are short and demand is strong, then you make more money.</p><p>There may be times when you make far more money than it cost you to raise your chickens. A windfall, if you will. People get angry with you for making more money at their expense. They may demand that you lower your price for your chickens, even though that price is being set at the auction.</p><p>Then there may be times when there is a bumper crop of chickens, but because of changing preferences, the public has decided to eat fish. Perhaps there is a widespread belief that the future belongs to the fish farmers.</p><p>You take your chickens to market, but you get far less for them than it cost you to raise them. You lose a lot of money. If you lose too much, you decide to exit the chicken business. This is going to impact chicken supplies in the future. But hey, as long as everyone is eating fish, no problem, right?</p><p>Whom did you gouge in this process? Sure, there are times when chicken prices were high and you were making a lot of money at the expense of your fellow citizens.</p><p>But that’s because people in that chicken market were all trying to get chicken. They were competitively bidding up to what they were willing to pay, not shelling out more because you decided to sharply raise the price of chicken.</p><p>Of course, it’s even worse if they don’t have any alternatives. But it’s not you, the chicken farmer, who is taking advantage of people. If anything, those buying chicken could complain about the way chickens are sold.</p><p><b>Envisioning A Different Model</b></p><p>Perhaps there is a different way of selling chickens that will allow the farmer to earn a profit, and the customer to pay a “fair” price. Let’s say you decide you don’t need to make so much money and you decide to sell your chickens based on how much it cost you to raise them.</p><p>I can predict two things based on this model.</p><p>First, there will be those who will buy them and then simply turn around and sell them at the chicken auction. The supply and demand-based profit margin will move from you to them.</p><p>Another way to think about this is to think about your home. Let’s say prices in your neighborhood have soared. Instead of selling the home you bought for $200,000 at market value — which, let’s say, is $600,000 — you decide you don’t need to make that much money. You are content to sell your home for $250,000. Buyers will immediately pounce on your home, which is still valued at $600,000. You just gave the profit margin on your home to someone else, who can buy your home for $250,000 and sell it for $600,000.</p><p>Second, there will still be times when chicken prices plummet. Neighbors who may have been happy to pay you a small profit margin for your chickens when market prices were high will be far less willing to pay you over market for your chickens if the price falls.</p><p>When the chicken price plunges, they will buy at the chicken market, and you will be forced to lower your prices. You will still lose money, but now you will have less profit in other years to offset those losses.</p><p><b>That’s How Oil Is Priced</b></p><p>This analogy should give you an idea of how the oil and gas markets work. It’s also how many other commodities (like wheat and copper) are priced.</p><p>The COVID-19 pandemic disrupted supply chains in many of these commodities, which reduced supplies. That is the biggest reason why the prices of so many commodities soared, and this was a major factor fueling inflation.</p><p>Yes, this leads to huge profits for some of these companies, but there are other times when prices cut the other direction.</p><p>In a recent <i>Forbes</i> article, I noted that <b>ExxonMobil</b> (NYSE: XOM) made $25.8 billion in the past 12 months. People are outraged. But in 2020, the company lost $22.4 billion, and many smaller oil producers went bankrupt.</p><p>The people outraged about their profits today didn’t care about all those 2020 bankruptcies. Yet those bankruptcies from 2020 helped set the stage for supply shortages today.</p><p>We could change the way oil and gas are priced (or we could ration supplies), but there would be consequences. For example, Venezuela holds the price of gasoline well below market value for its citizens. But that has effectively destroyed the country’s oil industry.</p><p>Perhaps there is another way. It would also have to protect vital industries when prices crash. But it’s not as simple as “prices are high because companies are gouging us,” That’s why appealing to the “patriotic duty” of oil companies to lower prices is nonsensical — because that’s not the way gasoline priced.</p></body></html>","source":"lsy1606109400967","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Oil Priced The Way That It Is?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Oil Priced The Way That It Is?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-14 13:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://oilprice.com/Energy/Energy-General/Why-Is-Oil-Priced-The-Way-That-It-Is.html><strong>oilprice</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General misunderstandings of how the oil market works are running rampant.Oil isn’t priced the way that it is because of greedy corporations, but because of something much simpler; supply and demand....</p>\n\n<a href=\"https://oilprice.com/Energy/Energy-General/Why-Is-Oil-Priced-The-Way-That-It-Is.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙","XOM":"埃克森美孚"},"source_url":"https://oilprice.com/Energy/Energy-General/Why-Is-Oil-Priced-The-Way-That-It-Is.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139470610","content_text":"General misunderstandings of how the oil market works are running rampant.Oil isn’t priced the way that it is because of greedy corporations, but because of something much simpler; supply and demand.The people outraged at oil companies todayy didn’t care about 2020 bankruptcies, yet those bankruptcies from 2020 helped set the stage for supply shortages today.People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misunderstanding of how oil and gas are priced.Further, I find that a lot of people think the fact that gasoline prices are at record highs along with oil company profits means oil companies are definitely gouging consumers. “Explain this!”, they will say, while showing me some link about Chevron’s profits (as if this revelation will finally make me see the light).So I thought of a story to help readers understand.I like to use analogies to break down complex topics into simple and relatable problems. Obviously an analogy isn’t perfect, but its purpose is merely to increase understanding.I shared the following story on Facebook last month, and it resonated with people. Some suggested that it should be an article, so here it is.The Chicken FarmerImagine that you raise chickens. You have a large operation, so you don’t sell your individual chickens to your neighbors. You take them to a market where they are auctioned off each week.Sometimes the demand for chicken is strong. Maybe there is a season when people tend to eat more chicken. The price people are willing to pay — because everyone wants a chicken — goes up and you make more money.Sometimes supplies are short. Perhaps your fellow chicken farmers had some bad luck with bird flu and they have fewer chickens for sale. If supplies are short and demand is strong, then you make more money.There may be times when you make far more money than it cost you to raise your chickens. A windfall, if you will. People get angry with you for making more money at their expense. They may demand that you lower your price for your chickens, even though that price is being set at the auction.Then there may be times when there is a bumper crop of chickens, but because of changing preferences, the public has decided to eat fish. Perhaps there is a widespread belief that the future belongs to the fish farmers.You take your chickens to market, but you get far less for them than it cost you to raise them. You lose a lot of money. If you lose too much, you decide to exit the chicken business. This is going to impact chicken supplies in the future. But hey, as long as everyone is eating fish, no problem, right?Whom did you gouge in this process? Sure, there are times when chicken prices were high and you were making a lot of money at the expense of your fellow citizens.But that’s because people in that chicken market were all trying to get chicken. They were competitively bidding up to what they were willing to pay, not shelling out more because you decided to sharply raise the price of chicken.Of course, it’s even worse if they don’t have any alternatives. But it’s not you, the chicken farmer, who is taking advantage of people. If anything, those buying chicken could complain about the way chickens are sold.Envisioning A Different ModelPerhaps there is a different way of selling chickens that will allow the farmer to earn a profit, and the customer to pay a “fair” price. Let’s say you decide you don’t need to make so much money and you decide to sell your chickens based on how much it cost you to raise them.I can predict two things based on this model.First, there will be those who will buy them and then simply turn around and sell them at the chicken auction. The supply and demand-based profit margin will move from you to them.Another way to think about this is to think about your home. Let’s say prices in your neighborhood have soared. Instead of selling the home you bought for $200,000 at market value — which, let’s say, is $600,000 — you decide you don’t need to make that much money. You are content to sell your home for $250,000. Buyers will immediately pounce on your home, which is still valued at $600,000. You just gave the profit margin on your home to someone else, who can buy your home for $250,000 and sell it for $600,000.Second, there will still be times when chicken prices plummet. Neighbors who may have been happy to pay you a small profit margin for your chickens when market prices were high will be far less willing to pay you over market for your chickens if the price falls.When the chicken price plunges, they will buy at the chicken market, and you will be forced to lower your prices. You will still lose money, but now you will have less profit in other years to offset those losses.That’s How Oil Is PricedThis analogy should give you an idea of how the oil and gas markets work. It’s also how many other commodities (like wheat and copper) are priced.The COVID-19 pandemic disrupted supply chains in many of these commodities, which reduced supplies. That is the biggest reason why the prices of so many commodities soared, and this was a major factor fueling inflation.Yes, this leads to huge profits for some of these companies, but there are other times when prices cut the other direction.In a recent Forbes article, I noted that ExxonMobil (NYSE: XOM) made $25.8 billion in the past 12 months. People are outraged. But in 2020, the company lost $22.4 billion, and many smaller oil producers went bankrupt.The people outraged about their profits today didn’t care about all those 2020 bankruptcies. Yet those bankruptcies from 2020 helped set the stage for supply shortages today.We could change the way oil and gas are priced (or we could ration supplies), but there would be consequences. For example, Venezuela holds the price of gasoline well below market value for its citizens. But that has effectively destroyed the country’s oil industry.Perhaps there is another way. It would also have to protect vital industries when prices crash. But it’s not as simple as “prices are high because companies are gouging us,” That’s why appealing to the “patriotic duty” of oil companies to lower prices is nonsensical — because that’s not the way gasoline priced.","news_type":1},"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9044071550,"gmtCreate":1656684162370,"gmtModify":1676535876664,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Proshares Bloomberg gas","listText":"Proshares Bloomberg gas","text":"Proshares Bloomberg gas","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044071550","isVote":1,"tweetType":1,"viewCount":589,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037911011,"gmtCreate":1648003257617,"gmtModify":1676534291778,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"8w12<a href=\"https://ttm.financial/S/09618\">$JD-SW(09618)$</a>p<a href=\"https://ttm.financial/U/3565749966130962\">@三金Alata</a>zz,gR,,plz&nbsp; &nbsp; &nbsp;v&amp;) l&nbsp; v n, dcx,bwslelLXkh'e","listText":"8w12<a href=\"https://ttm.financial/S/09618\">$JD-SW(09618)$</a>p<a href=\"https://ttm.financial/U/3565749966130962\">@三金Alata</a>zz,gR,,plz&nbsp; &nbsp; &nbsp;v&amp;) l&nbsp; v n, dcx,bwslelLXkh'e","text":"8w12$JD-SW(09618)$p@三金Alatazz,gR,,plz v&) l v n, dcx,bwslelLXkh'e","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037911011","isVote":1,"tweetType":1,"viewCount":671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":185047477407840,"gmtCreate":1686216882915,"gmtModify":1686216886579,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Hope for $10 or $12&nbsp; to buy","listText":"Hope for $10 or $12&nbsp; to buy","text":"Hope for $10 or $12 to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185047477407840","repostId":"1194921546","repostType":2,"isVote":1,"tweetType":1,"viewCount":474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037911011,"gmtCreate":1648003257617,"gmtModify":1676534291778,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"8w12<a href=\"https://ttm.financial/S/09618\">$JD-SW(09618)$</a>p<a href=\"https://ttm.financial/U/3565749966130962\">@三金Alata</a>zz,gR,,plz&nbsp; &nbsp; &nbsp;v&amp;) l&nbsp; v n, dcx,bwslelLXkh'e","listText":"8w12<a href=\"https://ttm.financial/S/09618\">$JD-SW(09618)$</a>p<a href=\"https://ttm.financial/U/3565749966130962\">@三金Alata</a>zz,gR,,plz&nbsp; &nbsp; &nbsp;v&amp;) l&nbsp; v n, dcx,bwslelLXkh'e","text":"8w12$JD-SW(09618)$p@三金Alatazz,gR,,plz v&) l v n, dcx,bwslelLXkh'e","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037911011","isVote":1,"tweetType":1,"viewCount":671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943426320,"gmtCreate":1679646191760,"gmtModify":1679646196505,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Totally rubbish claim","listText":"Totally rubbish claim","text":"Totally rubbish claim","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943426320","repostId":"1109688607","repostType":2,"isVote":1,"tweetType":1,"viewCount":536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982833439,"gmtCreate":1667141500822,"gmtModify":1676537866215,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Definitely 75, then maybe start to ease off a little to 0.50. This is the worst Fed ever. Started to late , too little then had to overcompensate and drag everyone down. For their mistakes&nbsp;","listText":"Definitely 75, then maybe start to ease off a little to 0.50. This is the worst Fed ever. Started to late , too little then had to overcompensate and drag everyone down. For their mistakes&nbsp;","text":"Definitely 75, then maybe start to ease off a little to 0.50. This is the worst Fed ever. Started to late , too little then had to overcompensate and drag everyone down. For their mistakes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9982833439","isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000164","authorId":"9000000000000164","name":"HarryCox","avatar":"https://static.tigerbbs.com/68b6583f2225af9e47d6576367702edb","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000164","authorIdStr":"9000000000000164"},"content":"75 is not news anymore. Maybe they will try 50 this time?","text":"75 is not news anymore. Maybe they will try 50 this time?","html":"75 is not news anymore. Maybe they will try 50 this time?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187508809678880,"gmtCreate":1686806324342,"gmtModify":1686806328119,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Agreed. Definitely driven by fear of missing out due to sharp rise in certain AI stocks.&nbsp;","listText":"Agreed. Definitely driven by fear of missing out due to sharp rise in certain AI stocks.&nbsp;","text":"Agreed. Definitely driven by fear of missing out due to sharp rise in certain AI stocks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187508809678880","repostId":"2343993509","repostType":2,"isVote":1,"tweetType":1,"viewCount":726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946946904,"gmtCreate":1680845588209,"gmtModify":1680845591184,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946946904","repostId":"1160926525","repostType":2,"repost":{"id":"1160926525","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1680844869,"share":"https://ttm.financial/m/news/1160926525?lang=&edition=fundamental","pubTime":"2023-04-07 13:21","market":"us","language":"en","title":"ByteDance's Douyin and Tencent Bury Hatchet, Reach Video Cooperation Pact","url":"https://stock-news.laohu8.com/highlight/detail?id=1160926525","media":"Reuters","summary":"BEIJING, April 7 (Reuters) - Douyin, the Chinese counterpart of TikTok, and internet giant Tencent h","content":"<html><head></head><body><p>BEIJING, April 7 (Reuters) - Douyin, the Chinese counterpart of TikTok, and internet giant Tencent have agreed to explore the joint promotion of short and long videos, in a thawing of frosty relations that has often been marked by lawsuits and public spats.</p><p style=\"text-align: start;\">Douyin, which like TikTok is owned by ByteDance, said in a statement it is now authorised to use Tencent Video content and rules about how secondary content can be generated have been clarified.</p><p>Users of platforms in the Douyin Group including Douyin, Xigua Video and Toutiao will be able to create short videos using the content in long videos on Tencent platforms, it said.</p><p style=\"text-align: start;\">Tencent, which backs rival short-video platform Kuaishou Technology, had long been upset over how some Douyin users would create short videos using copyrighted material in long videos without obtaining approval.</p><p>&#34;The latest development not only helps to settle the ongoing IP disputes but also helps to lay a framework for future collaborations between the two video platforms,&#34; MorningStar analyst Ivan Su said.</p><p style=\"text-align: start;\">Chinese regulators have in recent years reprimanded the country&#39;s tech giants for creating &#34;walled gardens&#34; that prevents rivals&#39; links and services from being shared on their platforms.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ByteDance's Douyin and Tencent Bury Hatchet, Reach Video Cooperation Pact</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nByteDance's Douyin and Tencent Bury Hatchet, Reach Video Cooperation Pact\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-04-07 13:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>BEIJING, April 7 (Reuters) - Douyin, the Chinese counterpart of TikTok, and internet giant Tencent have agreed to explore the joint promotion of short and long videos, in a thawing of frosty relations that has often been marked by lawsuits and public spats.</p><p style=\"text-align: start;\">Douyin, which like TikTok is owned by ByteDance, said in a statement it is now authorised to use Tencent Video content and rules about how secondary content can be generated have been clarified.</p><p>Users of platforms in the Douyin Group including Douyin, Xigua Video and Toutiao will be able to create short videos using the content in long videos on Tencent platforms, it said.</p><p style=\"text-align: start;\">Tencent, which backs rival short-video platform Kuaishou Technology, had long been upset over how some Douyin users would create short videos using copyrighted material in long videos without obtaining approval.</p><p>&#34;The latest development not only helps to settle the ongoing IP disputes but also helps to lay a framework for future collaborations between the two video platforms,&#34; MorningStar analyst Ivan Su said.</p><p style=\"text-align: start;\">Chinese regulators have in recent years reprimanded the country&#39;s tech giants for creating &#34;walled gardens&#34; that prevents rivals&#39; links and services from being shared on their platforms.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160926525","content_text":"BEIJING, April 7 (Reuters) - Douyin, the Chinese counterpart of TikTok, and internet giant Tencent have agreed to explore the joint promotion of short and long videos, in a thawing of frosty relations that has often been marked by lawsuits and public spats.Douyin, which like TikTok is owned by ByteDance, said in a statement it is now authorised to use Tencent Video content and rules about how secondary content can be generated have been clarified.Users of platforms in the Douyin Group including Douyin, Xigua Video and Toutiao will be able to create short videos using the content in long videos on Tencent platforms, it said.Tencent, which backs rival short-video platform Kuaishou Technology, had long been upset over how some Douyin users would create short videos using copyrighted material in long videos without obtaining approval.\"The latest development not only helps to settle the ongoing IP disputes but also helps to lay a framework for future collaborations between the two video platforms,\" MorningStar analyst Ivan Su said.Chinese regulators have in recent years reprimanded the country's tech giants for creating \"walled gardens\" that prevents rivals' links and services from being shared on their platforms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948024313,"gmtCreate":1680611298132,"gmtModify":1680611300017,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948024313","repostId":"2324706868","repostType":2,"repost":{"id":"2324706868","kind":"highlight","pubTimestamp":1680607252,"share":"https://ttm.financial/m/news/2324706868?lang=&edition=fundamental","pubTime":"2023-04-04 19:20","market":"us","language":"en","title":"Bill Gates Says Calls to Pause AI Won't Solve Challenges","url":"https://stock-news.laohu8.com/highlight/detail?id=2324706868","media":"Reuters","summary":"Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Mic","content":"<html><head></head><body><p>Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology.</p><p>The technologist-turned-philanthropist said it would be better to focus on how best to use the developments in AI, as it was hard to understand how a pause could work globally.</p><p>His interview with Reuters comes after an open letter -- published last week and co-signed by Elon Musk and more than 1,000 AI experts – demanded an urgent pause in the development of systems &#34;more powerful&#34; than Microsoft-backed OpenAI&#39;s new GPT-4, which can hold human-like conversation, compose songs and summarise lengthy documents.</p><p>The experts, including Apple co-founder Steve Wozniak, said in the letter the potential risks and benefits to society need to be assessed.</p><p>“I don’t think asking one particular group to pause solves the challenges,” Gates said on Monday.</p><p>“Clearly there’s huge benefits to these things… what we need to do is identify the tricky areas.”</p><p>Microsoft has sought to outpace peers through multi-billion-dollar investments in ChatGPT owner OpenAI.</p><p>While currently focused full-time on the philanthropic Bill and Melinda Gates Foundation, Gates has been a bullish supporter of AI and described it as revolutionary as the Internet or mobile phones.</p><p>In a blog titled &#34;The Age of AI has begun&#34; which was published and dated March 21, a day before the open letter, he said he believes AI should be used to help reduce some of the world’s worst inequities.</p><p>He also said in the interview the details of any pause would be complicated to enforce.</p><p>“I don’t really understand who they’re saying could stop, and would every country in the world agree to stop, and why to stop,” he said. “But there are a lot of different opinions in this area.”</p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bill Gates Says Calls to Pause AI Won't Solve Challenges</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBill Gates Says Calls to Pause AI Won't Solve Challenges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-04 19:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bill-gates-says-calls-pause-103513871.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bill-gates-says-calls-pause-103513871.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://finance.yahoo.com/news/bill-gates-says-calls-pause-103513871.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324706868","content_text":"Calls to pause the development of artificial intelligence will not “solve the challenges” ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology.The technologist-turned-philanthropist said it would be better to focus on how best to use the developments in AI, as it was hard to understand how a pause could work globally.His interview with Reuters comes after an open letter -- published last week and co-signed by Elon Musk and more than 1,000 AI experts – demanded an urgent pause in the development of systems \"more powerful\" than Microsoft-backed OpenAI's new GPT-4, which can hold human-like conversation, compose songs and summarise lengthy documents.The experts, including Apple co-founder Steve Wozniak, said in the letter the potential risks and benefits to society need to be assessed.“I don’t think asking one particular group to pause solves the challenges,” Gates said on Monday.“Clearly there’s huge benefits to these things… what we need to do is identify the tricky areas.”Microsoft has sought to outpace peers through multi-billion-dollar investments in ChatGPT owner OpenAI.While currently focused full-time on the philanthropic Bill and Melinda Gates Foundation, Gates has been a bullish supporter of AI and described it as revolutionary as the Internet or mobile phones.In a blog titled \"The Age of AI has begun\" which was published and dated March 21, a day before the open letter, he said he believes AI should be used to help reduce some of the world’s worst inequities.He also said in the interview the details of any pause would be complicated to enforce.“I don’t really understand who they’re saying could stop, and would every country in the world agree to stop, and why to stop,” he said. “But there are a lot of different opinions in this area.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076970915,"gmtCreate":1657780112837,"gmtModify":1676536061163,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Good article 👍&nbsp;","listText":"Good article 👍&nbsp;","text":"Good article 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076970915","repostId":"1139470610","repostType":2,"repost":{"id":"1139470610","kind":"news","pubTimestamp":1657778302,"share":"https://ttm.financial/m/news/1139470610?lang=&edition=fundamental","pubTime":"2022-07-14 13:58","market":"fut","language":"en","title":"Why Is Oil Priced The Way That It Is?","url":"https://stock-news.laohu8.com/highlight/detail?id=1139470610","media":"oilprice","summary":"General misunderstandings of how the oil market works are running rampant.Oil isn’t priced the way that it is because of greedy corporations, but because of something much simpler; supply and demand.The people outraged at oil companies todayy didn’t care about 2020 bankruptcies, yet those bankruptcies from 2020 helped set the stage for supply shortages today.People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misund","content":"<html><head></head><body><ul><li>General misunderstandings of how the oil market works are running rampant.</li><li>Oil isn’t priced the way that it is because of greedy corporations, but because of something much simpler; supply and demand.</li><li>The people outraged at oil companies todayy didn’t care about 2020 bankruptcies, yet those bankruptcies from 2020 helped set the stage for supply shortages today.</li></ul><p><img src=\"https://static.tigerbbs.com/c264e3c668cd60e38e6434b10b8962b8\" tg-width=\"718\" tg-height=\"300\" width=\"100%\" height=\"auto\"/></p><p>People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misunderstanding of how oil and gas are priced.Further, I find that a lot of people think the fact that gasoline prices are at record highs along with oil company profits means oil companies are definitely gouging consumers. “Explain this!”, they will say, while showing me some link about Chevron’s profits (as if this revelation will finally make me see the light).</p><p>So I thought of a story to help readers understand.</p><p>I like to use analogies to break down complex topics into simple and relatable problems. Obviously an analogy isn’t perfect, but its purpose is merely to increase understanding.</p><p>I shared the following story on Facebook last month, and it resonated with people. Some suggested that it should be an article, so here it is.</p><p><b>The Chicken Farmer</b></p><p>Imagine that you raise chickens. You have a large operation, so you don’t sell your individual chickens to your neighbors. You take them to a market where they are auctioned off each week.</p><p>Sometimes the demand for chicken is strong. Maybe there is a season when people tend to eat more chicken. The price people are willing to pay — because everyone wants a chicken — goes up and you make more money.</p><p>Sometimes supplies are short. Perhaps your fellow chicken farmers had some bad luck with bird flu and they have fewer chickens for sale. If supplies are short and demand is strong, then you make more money.</p><p>There may be times when you make far more money than it cost you to raise your chickens. A windfall, if you will. People get angry with you for making more money at their expense. They may demand that you lower your price for your chickens, even though that price is being set at the auction.</p><p>Then there may be times when there is a bumper crop of chickens, but because of changing preferences, the public has decided to eat fish. Perhaps there is a widespread belief that the future belongs to the fish farmers.</p><p>You take your chickens to market, but you get far less for them than it cost you to raise them. You lose a lot of money. If you lose too much, you decide to exit the chicken business. This is going to impact chicken supplies in the future. But hey, as long as everyone is eating fish, no problem, right?</p><p>Whom did you gouge in this process? Sure, there are times when chicken prices were high and you were making a lot of money at the expense of your fellow citizens.</p><p>But that’s because people in that chicken market were all trying to get chicken. They were competitively bidding up to what they were willing to pay, not shelling out more because you decided to sharply raise the price of chicken.</p><p>Of course, it’s even worse if they don’t have any alternatives. But it’s not you, the chicken farmer, who is taking advantage of people. If anything, those buying chicken could complain about the way chickens are sold.</p><p><b>Envisioning A Different Model</b></p><p>Perhaps there is a different way of selling chickens that will allow the farmer to earn a profit, and the customer to pay a “fair” price. Let’s say you decide you don’t need to make so much money and you decide to sell your chickens based on how much it cost you to raise them.</p><p>I can predict two things based on this model.</p><p>First, there will be those who will buy them and then simply turn around and sell them at the chicken auction. The supply and demand-based profit margin will move from you to them.</p><p>Another way to think about this is to think about your home. Let’s say prices in your neighborhood have soared. Instead of selling the home you bought for $200,000 at market value — which, let’s say, is $600,000 — you decide you don’t need to make that much money. You are content to sell your home for $250,000. Buyers will immediately pounce on your home, which is still valued at $600,000. You just gave the profit margin on your home to someone else, who can buy your home for $250,000 and sell it for $600,000.</p><p>Second, there will still be times when chicken prices plummet. Neighbors who may have been happy to pay you a small profit margin for your chickens when market prices were high will be far less willing to pay you over market for your chickens if the price falls.</p><p>When the chicken price plunges, they will buy at the chicken market, and you will be forced to lower your prices. You will still lose money, but now you will have less profit in other years to offset those losses.</p><p><b>That’s How Oil Is Priced</b></p><p>This analogy should give you an idea of how the oil and gas markets work. It’s also how many other commodities (like wheat and copper) are priced.</p><p>The COVID-19 pandemic disrupted supply chains in many of these commodities, which reduced supplies. That is the biggest reason why the prices of so many commodities soared, and this was a major factor fueling inflation.</p><p>Yes, this leads to huge profits for some of these companies, but there are other times when prices cut the other direction.</p><p>In a recent <i>Forbes</i> article, I noted that <b>ExxonMobil</b> (NYSE: XOM) made $25.8 billion in the past 12 months. People are outraged. But in 2020, the company lost $22.4 billion, and many smaller oil producers went bankrupt.</p><p>The people outraged about their profits today didn’t care about all those 2020 bankruptcies. Yet those bankruptcies from 2020 helped set the stage for supply shortages today.</p><p>We could change the way oil and gas are priced (or we could ration supplies), but there would be consequences. For example, Venezuela holds the price of gasoline well below market value for its citizens. But that has effectively destroyed the country’s oil industry.</p><p>Perhaps there is another way. It would also have to protect vital industries when prices crash. But it’s not as simple as “prices are high because companies are gouging us,” That’s why appealing to the “patriotic duty” of oil companies to lower prices is nonsensical — because that’s not the way gasoline priced.</p></body></html>","source":"lsy1606109400967","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Oil Priced The Way That It Is?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Oil Priced The Way That It Is?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-14 13:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://oilprice.com/Energy/Energy-General/Why-Is-Oil-Priced-The-Way-That-It-Is.html><strong>oilprice</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>General misunderstandings of how the oil market works are running rampant.Oil isn’t priced the way that it is because of greedy corporations, but because of something much simpler; supply and demand....</p>\n\n<a href=\"https://oilprice.com/Energy/Energy-General/Why-Is-Oil-Priced-The-Way-That-It-Is.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙","XOM":"埃克森美孚"},"source_url":"https://oilprice.com/Energy/Energy-General/Why-Is-Oil-Priced-The-Way-That-It-Is.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139470610","content_text":"General misunderstandings of how the oil market works are running rampant.Oil isn’t priced the way that it is because of greedy corporations, but because of something much simpler; supply and demand.The people outraged at oil companies todayy didn’t care about 2020 bankruptcies, yet those bankruptcies from 2020 helped set the stage for supply shortages today.People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misunderstanding of how oil and gas are priced.Further, I find that a lot of people think the fact that gasoline prices are at record highs along with oil company profits means oil companies are definitely gouging consumers. “Explain this!”, they will say, while showing me some link about Chevron’s profits (as if this revelation will finally make me see the light).So I thought of a story to help readers understand.I like to use analogies to break down complex topics into simple and relatable problems. Obviously an analogy isn’t perfect, but its purpose is merely to increase understanding.I shared the following story on Facebook last month, and it resonated with people. Some suggested that it should be an article, so here it is.The Chicken FarmerImagine that you raise chickens. You have a large operation, so you don’t sell your individual chickens to your neighbors. You take them to a market where they are auctioned off each week.Sometimes the demand for chicken is strong. Maybe there is a season when people tend to eat more chicken. The price people are willing to pay — because everyone wants a chicken — goes up and you make more money.Sometimes supplies are short. Perhaps your fellow chicken farmers had some bad luck with bird flu and they have fewer chickens for sale. If supplies are short and demand is strong, then you make more money.There may be times when you make far more money than it cost you to raise your chickens. A windfall, if you will. People get angry with you for making more money at their expense. They may demand that you lower your price for your chickens, even though that price is being set at the auction.Then there may be times when there is a bumper crop of chickens, but because of changing preferences, the public has decided to eat fish. Perhaps there is a widespread belief that the future belongs to the fish farmers.You take your chickens to market, but you get far less for them than it cost you to raise them. You lose a lot of money. If you lose too much, you decide to exit the chicken business. This is going to impact chicken supplies in the future. But hey, as long as everyone is eating fish, no problem, right?Whom did you gouge in this process? Sure, there are times when chicken prices were high and you were making a lot of money at the expense of your fellow citizens.But that’s because people in that chicken market were all trying to get chicken. They were competitively bidding up to what they were willing to pay, not shelling out more because you decided to sharply raise the price of chicken.Of course, it’s even worse if they don’t have any alternatives. But it’s not you, the chicken farmer, who is taking advantage of people. If anything, those buying chicken could complain about the way chickens are sold.Envisioning A Different ModelPerhaps there is a different way of selling chickens that will allow the farmer to earn a profit, and the customer to pay a “fair” price. Let’s say you decide you don’t need to make so much money and you decide to sell your chickens based on how much it cost you to raise them.I can predict two things based on this model.First, there will be those who will buy them and then simply turn around and sell them at the chicken auction. The supply and demand-based profit margin will move from you to them.Another way to think about this is to think about your home. Let’s say prices in your neighborhood have soared. Instead of selling the home you bought for $200,000 at market value — which, let’s say, is $600,000 — you decide you don’t need to make that much money. You are content to sell your home for $250,000. Buyers will immediately pounce on your home, which is still valued at $600,000. You just gave the profit margin on your home to someone else, who can buy your home for $250,000 and sell it for $600,000.Second, there will still be times when chicken prices plummet. Neighbors who may have been happy to pay you a small profit margin for your chickens when market prices were high will be far less willing to pay you over market for your chickens if the price falls.When the chicken price plunges, they will buy at the chicken market, and you will be forced to lower your prices. You will still lose money, but now you will have less profit in other years to offset those losses.That’s How Oil Is PricedThis analogy should give you an idea of how the oil and gas markets work. It’s also how many other commodities (like wheat and copper) are priced.The COVID-19 pandemic disrupted supply chains in many of these commodities, which reduced supplies. That is the biggest reason why the prices of so many commodities soared, and this was a major factor fueling inflation.Yes, this leads to huge profits for some of these companies, but there are other times when prices cut the other direction.In a recent Forbes article, I noted that ExxonMobil (NYSE: XOM) made $25.8 billion in the past 12 months. People are outraged. But in 2020, the company lost $22.4 billion, and many smaller oil producers went bankrupt.The people outraged about their profits today didn’t care about all those 2020 bankruptcies. Yet those bankruptcies from 2020 helped set the stage for supply shortages today.We could change the way oil and gas are priced (or we could ration supplies), but there would be consequences. For example, Venezuela holds the price of gasoline well below market value for its citizens. But that has effectively destroyed the country’s oil industry.Perhaps there is another way. It would also have to protect vital industries when prices crash. But it’s not as simple as “prices are high because companies are gouging us,” That’s why appealing to the “patriotic duty” of oil companies to lower prices is nonsensical — because that’s not the way gasoline priced.","news_type":1},"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382069757534544,"gmtCreate":1734256960973,"gmtModify":1734256964503,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"google for android phone, tencent wechat cannot live without.&nbsp;","listText":"google for android phone, tencent wechat cannot live without.&nbsp;","text":"google for android phone, tencent wechat cannot live without.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382069757534544","isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9044071550,"gmtCreate":1656684162370,"gmtModify":1676535876664,"author":{"id":"3582025047061907","authorId":"3582025047061907","name":"beibeiliu","avatar":"https://community-static.tradeup.com/news/509d8690d06d258007dc58d43b2238bc","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582025047061907","authorIdStr":"3582025047061907"},"themes":[],"htmlText":"Proshares Bloomberg gas","listText":"Proshares Bloomberg gas","text":"Proshares Bloomberg gas","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044071550","isVote":1,"tweetType":1,"viewCount":589,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}